This property might be a fair Mid-Term investment with a projected 4.23% first-year return on $108k initial cash invested.
4.23%
Cash On Cash
8.09%
Cap Rate
1.26
DSCR
$5,222
Rent
$382
Cashflow
Cash Flow
$5,222 income − $4,840 expenses = $382 cash flow
Investment Breakdown
|
Purchase Price
$430k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$108k
Downpayment
20%
$85,980
Closing costs
1%
$4,299
Rehab
0%
$0
Furnishing
4%
$18,000
Cashflow
Total Income
$5,222
Total Expenses
$4,840
Mortgage P&I
44%
$2,309
Property Taxes
12%
$605
Home Insurance
3%
$150
HOA
0%
$0
Property Management
12%
$627
CapEx
4%
$209
Vacancy
3%
$157
Maintenance
4%
$209
Other
11%
$574